The Supply of Children's Time to Disabled Elderly Parents

作者: Gabriel Picone , Frank A. Sloan , Thomas J. Hoerger

DOI:

关键词: Personal careBargaining powerDemographic economicsSubsidyStrategic behaviorPsychologyElderly parentsWageBequest

摘要: This study develops and tests a model of supply children's time to disabled elderly parents, using data from the National Long-Term Care Survey. The model, which assumes strategic behavior among relatives, offers predictions about effects changes in price paid personal care, parent's wealth, kid's wage rates, public in-kind subsidies relative bargaining power on care provided by children. Although several statistically significant relationships are obtained, evidence does not generally indicate that provision parents is guided bequest motive.

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